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14442 Old Walnut Grove-Thornton Rd Walnut Grove, CA 95690

For Sale
$3,900,000

High-yield warehouse investment, 8,800 SF

Property size:
8,800 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
This exceptional investment opportunity presents a 8,800-square-foot industrial warehouse situated on a substantial 9.66-acre lot in Walnut Grove, CA. The property boasts two free-standing metal buildings, totaling 8,800 square feet (4,800 SF and 4,000 SF), currently leased at 100% occupancy to a concrete company under a modified lease agreement with a remaining term of approximately 1.4 years (expiring May 1, 2026). The lease commenced May 1, 2024, at a monthly rate of $17,000, generating a substantial net operating income (NOI) of $204,000 annually. The property features 400 amps, 120 volts, 3-phase power. Approximately 5.23 acres are improved with paving and crush rock, while an additional 4.43 acres remain unimproved, offering significant expansion potential. The property is zoned M2 and offers a compelling cap rate of 5.23% at an asking price of $3,900,000. Built in 1970, this single-story property presents a strong investment opportunity with significant upside potential. The land value alone is $9.25 per square foot. The property's location in Sacramento County, CA, provides easy access to major transportation routes. This is a rare opportunity to acquire a well-located, income-producing industrial property with substantial land holdings.

Property Features for 14442 Old Walnut Grove-Thornton Rd

General Information

Property type
Distribution properties
Square Feet
8,800 SF
Lot Size
420,790 SF

Building Details

Year Built
1970
Buildings
2
Stories
1

HighLights

  • 8,800 SF industrial warehouse on a 9.66‑acre lot in Walnut Grove, CA.
  • 100% occupied by a concrete company under a modified lease expiring May 1, 2026.
  • Annual NOI of $204,000 with a current monthly rent of $17,000.
  • Features two free‑standing metal buildings (4,800 SF & 4,000 SF), 400 amps, 120 volts, 3‑phase power, and 5.23 acres of paved/improved land.
  • 4.43 acres of unimproved land offers expansion potential; M2 zoning.
  • Asking price: $3,900,000, with a 5.23% cap rate and land value of $9.25/SF.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Map

City
Walnut Grove
County
Sacramento
State
California
Longitude
-121.5255815
Latitude
38.2428876

FAQs

What type of property is this?
Distribution property - High-yield warehouse investment, 8,800 SF
Where is this distribution property located?
The property is located at 14442 Old Walnut Grove-Thornton Rd Walnut Grove, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 8,800 SF industrial warehouse on a 9.66-acre lot in Walnut Grove, CA.; 100% occupied by a concrete company under a modified lease expiring May 1, 2026.; Annual NOI of $204,000 with a current monthly rent of $17,000.
More about this property
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